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tv   [untitled]    October 4, 2011 4:01pm-4:31pm EDT

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and now our top story fury over corporate power in the u.s. is spreading from new york across the country thousands have joined the occupy wall street movement by the economic slump and the role of big business and it's all hundreds of demonstrators have been arrested but as artists and associates work in a reports america's mainstream media has been largely ignoring the rapidly growing movement. taking the big apple by storm. getting arrested by the hundreds. getting netted and pepper sprayed in the face. spending night and day on the far from welcoming streets of the financial district . that's the price these demonstrators are paying to get their outrage across to those holding reins of financial and political power common americans who make up most of this country who don't have access to corporate power and the media don't have many options to get their voices heard those who take specific steps to fight for change in the west are largely getting annoyed and marginalized this artist and
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activist has been arrested twice i didn't expect to be arrested i didn't expect to get beat by the police i didn't expect to. incarcerate him for hours and i was and i was willing to do that for both good cause of for this movement. ignored for the first two weeks of occupying wall street the peaceful movement started taking tougher measures by getting bigger and louder the only way to get the media to know this is to be disobedient you have to stir it up to the people who noticed. the mass arrests have built up popular support for the movement. you know them for putting us through some type of abuse because it's hope. you know it's bringing more work some have sacrificed more than hours in jail to fight against wall street and many people have quit their jobs that have come here that's already happened the corporate media week three into the. campout cy there does not pay much
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attention here the sunday front pages of some of america's most read newspapers or ridicules both the form and the substance of the gathering it is equal parts but surely body odor and you're and they're more concerned with. brainwashing people american idol or sports drama pretty much anything to serve as a traction rather than the important issue. right now this is a big if for a noticed by the corporate and political elite it's tougher than ever for those against the system to get attention with even some police officers ready to admit this protest is the way you know that's. the only. way to do what i imagine the occupy wall street movement promises to grow in the months to come and history shows that the voice of the people can't be neglected forever and r.t.e. new york well demonstrators in the u.s. have been voicing their anger over rising joblessness student debt and police brutality political analyst and former intelligence officer robert david steele
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things they're united by a will for electoral reform and could even bring about a revolution. these are not stupid people they are very smart and they understand that at root this is about corruption and government and corruption on wall street and until you have electoral reform you cannot restore the integrity of the us government was so yes there is a common cause but it's a bottom up movement and so that common cause is being voiced in many different ways i see the united states right now is much more desperate to people realize we're at twenty two percent unemployment on our way to thirty percent we are at sixteen percent below the poverty line on our way to thirty percent there is no question in my mind that this is going to be a very dark winter in the united states. and iran unless the government three stories its own integrity and start paying attention of the public interest rather than to the special interests i believe that we will have
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a formal for evolution initially nonviolent but with the potential to become violent well tell us what you think about the wave of protests raging across the u.s. cast your vote at r t dot com and today we're asking who are the occupy wall street activists also for most of you think their freedom and democracy fight it's just like arab spring activists or the second most popular answer although a lot of the far behind is that they are victims of police for oppression and the rest believe they are tired crowds or address the bunch of problem makers for sure what you think that our team dot com. now across the atlantic greece has once again have been left hanging and this time until mid november eurozone ministers have pushed back a decision on handing over more bailout cash while athens has admitted it won't meet deficit deadlines despite crippling cuts but the greek finance minister has said that the nation can wait another month for a rescue r.t. for a three ports now from capitol. it's been here on syntagma square that the
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most dramatic side of this economic crisis in greece has been played out as time and again we've seen people turning up outside the parliament building to protest against the seville sturdy measures that they say simply untouchable we find ourselves back in a position where people now are really asking just walls has been achieved by implementing these astaire's he measures the quick government has committed that it won't be able to me as tough deficit reduction targets not sent to the whole usa really about what the implications of that will be the greek government have also brings a measure to put thirty thousand civil servants almost a little made of a dungeon in the salary per year. at the end of the year the possibility of dismissal there are great points where do you think that that. really and hearing needed if the country were to stay if played a trick would it take care in the culture that may be trying to hammer out the
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details of that now it has to be said the at this stage it will be only should you get that money because. that could be felt. bad for greece at this point is also about the rest of the eurozone countries in a date with global economy that is that it this would have a cigarette not a lot of factors but people are really asking now whether the euro is a need is it going to be able to come up with realistic solutions to get the country out of the situation that has been criticism from some of the analysts we speaking to you here in athens they said that we've seen these job losses we've seen the cuts in wages and pensions of these are people who no longer be able to pay cuts to people who are struggling to pay the taxes and yet the government still seem to be subtlest touch they solution to plug the big deficit in the budget so there are concerns really about the practicalities of any of these measures having
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. and he also talked about the possibility of default and as we said still a lot of public anger at the people he built but their lives are being put in a situation that is simply untenable that they can't live with so we're going to see more that strike action that we've seen so much over the last year or so happening against my big concerns really about whether you're its own leaders are going to be able to pull the country out of the situation and still ahead for you this hour will they stay or will they go the top u.s. commander in afghanistan has promised american forces are there for decades to come despite the twenty fourteen deadline for troops to be withdrawn. tit for tat china slams a u.s. senate debate on ways to punish beijing for under valuing its currency and taking away american jobs all the details are coming up. now libya's new rulers have named a new cabinet to govern the country until it's fully secured the national transitional
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council now controls most of the country there are still pockets of heavy resistance well after a two day ceasefire to allow residents to leave you could offer troops continue with parts of his besieged hometown of sirte the red cross is warning of a humanitarian crisis as the town runs out of essential supplies here a spokesperson for the organization who visited the region says that the situation there remains dire we managed to get in the hospital and spend a few hours to check on the hospital however the security situation did not allow us to move inside the town and see the situation of the civilians we managed to talk to you presented to us of the civilians to understand the situation they talk about lack of food lack of for sure there is no electricity there is a lack of fuel in the city and there is very difficult access to medical care and no i've been same time while talking to families going out of the city of sirte i have been on the eastern side where i've talked to families displaced to desert. i
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don't see it all to villages like how why and other surrounding villages and my colleagues from the west as well are looking god they in turn to be displaced families these people as well are living in difficult conditions because they are they are leaving just their houses defeat the ongoing fighting in the city of sirte and they are being displaced into the desert. living in high difficult hygenic conditions and having no access to medical care and no potable water we have been calling up on all parties to the conflict despair as much as possible to civilian people and to always distinguish between military and civilian targets but the top u.s. commander in afghanistan has promised american forces will stay in the region for a long time twenty fourteen was set as the deadline to withdraw some ninety thousand troops currently deployed in the country well earlier we spoke to gerry van dyke who's written extensively on afghanistan and pakistan and he told r t the us has a wider goal and does not like to leave anytime soon there are many reasons why the
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united states and its allies but particular united states will stay in afghanistan and the first of all is that the war is getting worse there more i e.d.'s according to the un that is to say mines have gone off in the last few months and only four more u.s. soldiers and marines are dying there more casualties civilian and military than any time in the ten years since foreign forces have been in afghanistan and also the afghan national army and its police forces are not ready to take over you have a twenty four percent desertion rate in the afghan national army now the united states is letting contracts to american contractors to build barracks in various air bases around the country and dead in the in the west perhaps to watch for air flights over iran in mazar e sharif in the north to perhaps watch former soviet central asian republics in kandahar in the southeast perhaps watch pakistan the united states. not have any
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intention i do not believe to leave in the short term there are many who feel that they have to surround iran perhaps the soft containment of china nato and its allies i don't think are ready to leave this very volatile region united states does not want pakistan to try and make afghanistan a satellite it's a very complicated very dangerous area and i do think that u.s. forces will be there for a very long time. well you can find more on all our stories that are dot com here's a look at what else we have online for you right now is really a russian bounce is new u.s. it's a stick show one alarming rise in the amount of anti palestinian violence in the occupied areas of gaza and the west bank more on that story online. and the clash of the titans to russia tycoons go head to head in court this week as former media mogul but it's. more than a five billion dollars of find out why at r.t. dot com. china has slapped a u.s.
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senate debate on ways to punish beijing for on devaluing its currency and taking away american jobs it would allow the government to impose duties on products from countries with specific currencies while china has told the u.s. to abandon protectionism and stop politicizing economic issues let's not talk to edward harrison who's the founder of credit vidal's news and opinion website dedicated to finance and foreign policy mr harrison i mean this is not the first time that the u. has us has accused china of currency manipulation or is it the first time the tribe has reacted but this time will there be any concrete action from china following its critical rhetoric. it all depends on whether the united states takes measures or whether it just threatens to take measures because what's on the table is just pose a threat that will be taken if the kurds he doesn't appreciate that's not the same as actually imposing the sections so we'll have to see how far this gets but
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clearly the obama administration doesn't want to go that they really would like to have this resolved amicably and so the legislation would. have a lot further to go before we see any sort of reaction. so you don't think it will go any further and even if you ask the u.s. business community they don't see. how it will benefit them as well as the politicians talking here so again the question is why bring it up now. well the reason to bring it up is to show that the united states government has done enough in order to create a self-sustaining recovery and therefore the problem must be elsewhere that is the problem must be in europe it must be in china elsewhere it's not because our policies of failed per se. that's really what is going on here now the reality is
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that the us government's policies have not been successful and as a result they're looking for other places to place blame or to share the blame for the economic crisis that is global at this point and i think that it's very true that this the epicenter of the crisis is in europe but nonetheless really the united states the reason that you know it's a huge trade deficit not just with china but with ninety other countries just because the private sector savings levels is low and if the u.s. wants to address the problem of deficit that is trade deficit it really needs to look at creating policies that raise private sector savings all right now let's look at what china says the china says the u.s. move quote obstructs china u.s. trade ties now even if you don't think that this bill will get any further do you think there's still a possibility of a trade war this time around it's happened before you think that could happen again
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between the u.s. and china. will there definitely could be a trade war if the economy stumbles because obviously if the economy stumbles if the states goes into a recession and you know unemployment spikes it will become completely unacceptable the level of deficit with china continues poit i think the political can do. it will be that people will say yes we really need to stop this sort of currency manipulation and the impetus to actually do something about it will be much greater at that. ok just your opinion on this if the bill does move forward that's just supposed to you how will it affect the global trade. world the way the should work is that as i said before the united states has a trade deficit with a number of other countries so if you look at this from a multilateral perspective not just by a lot of perspective what happens is if they impose sanctions on china it was back
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to what happens in terms of retaliation that means that the goods that are imported from china are higher and therefore the goods that would have come from china perhaps would go to the next highest cost. place of vietnam mexico wherever it may be and therefore the cost is transferred onto american consumers in terms of the higher. the higher prices and the deficit the bilateral deficit with china decreases but the biological deficit with other countries may then increase so you have. some deficit reduction and you have certainly have a bilateral deficit reduction but the multilateral situation will still be there in fact the united states has a larger deficit with the rest of the world. than with china so it's not just about china it would just shift the deficit over to other countries right that's the
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tricky thing here isn't it be a trickle down effect thanks very much there mr edward harrison founder of credit right down to news and opinion website dedicated to finance and foreign policy thanks again. now the former soviet republic of us back a son is one of the world's leading cotton exporters and while the government cashes in other countries most vulnerable are paying the price as artistic at that in a grouch over reports human rights groups say the cotton industry is thriving on illegal child labor. such is the fear in the eyes of these children the thing they were picking o.p.m. not cotton. mather. of imagine as an idea that sent us there. meanwhile on the other side of the world the produce harvested with illegal child labor is enjoying the glare of flashing cameras will not occur the mother daughter
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of those bed president is presenting her new collection of forbes magazine pointers on how she's managed to be so commercially successful i graduated from harvard. so it's a really good score you know in terms of you know giving you good grades the tools of his back you stan our children as young as seven who work an average of seventy hours a week instead of going to school and an education is not the only thing they're missing out on with no heating proper bats were drinking water. mothers are powerless some of them stood up for their kids' protection they were arrested taken to cotton fields they would be forced to work in the day and would be mass raped at night. with a helpful force child labor was because stern produces around one million tonnes of cotton enough to make one billion t. shirts the cortinas sold abroad except to the sixty plus retailers including a y.
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and they have pledged not to buy those but cotton because the harvest is so abusive this boycott sends a message to those government that in slaving children is never shake but good matter cried the more who is also as black it stands ambassador to the u.n. and the deputy foreign minister refutes the claims and she was also outraged. a new york fashion week banned her collection from the catwalks two weeks ago but human rights groups applauded. it was a terrible message for the fashion industry to be sending that they would lend a high profile platform to the senior official of one of the world's most repressive governments the government about six years ago engaged in the disproportionate use of force against mostly peaceful protesters in the eastern city of andijon and the jan is the bloodiest chapter in president islam karimov
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cade's in office in two thousand and five is forces opened fire on an anti-government demonstration killing five thousand people or other so-called dissidents jail sentences are common behind you to spend three years in prison for speaking out after his prosperous business was taken over by the president's people because. he removes family as an organized criminal mob all sectors of the economy profitable businesses are under his control if you go to wiki leaks you'll see that the us ambassador calls karim and mafia princess but all this will stay just words while the war continues in afghanistan gary moore is an important ally that everyone will close eyes to his crimes. but leaving egypt and tunisia where once important allies to however the arab spring showed just how quickly things can change. in
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a great show for our team. well that's how the news looks and i turn now as the u.s. and the eurozone continue to struggle financially the worst could be yet to come next year on our team we speak to see herself scholar at yale university emmanuel wallerstein who believes the real crash will take place of the next few years that interview's next.
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thank you very much for being with us today. so exactly two years ago you told me that the real economic crash is still a couple of years down the line is that with us right now. you know it's a year or two still down the line but it's but it's very clearly to me what was the biggest trouble at this point the united states the european union just the rest of the world. actually everybody's in trouble but the united states is clearly in trouble the european union is in trouble i think it's in less trouble than the united states but it's in trouble but i eat i think also that the so-called newly emerging countries or the emerging countries brazil india and china are also in
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trouble so i don't see anybody who isn't in trouble so like you're saying the global financial system clearly broken what is wrong with the modern capitalism that's a very long story but i mean modern capitalism has in my view but that's a long story reach the end of its rope. it cannot survive as a system and what we are seeing is the structural crisis of the system so the structural crisis goes on for a long time it really started in my view more or less in the one nine hundred seventy s. it will go on for another twenty thirty forty years it's not a crisis of a year or of a short moment it's a major structural unfolding of a system and we're in transition to another system and in fact the real political struggle that's going on in the world though most people refuse to recognize. it's not about capitalism should we have it or should we not have a place which. of course you can have two very different
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kinds of views should replace it. well i would like a more relatively democratic more relative be egalitarian world that's one view we've never had that of the world. it's possible. that you have a very. polarizing exploitive system doesn't have to be capitalism capitalism is that but you can do that in many other ways some of which may be for worse than capitalism so that's the way i see the political struggle that's technically called. a system so the bifurcation capitalistic capitalism system is directly linked to yes its roots are in many ways the impossibility of continuing the basic
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principle of capitalism which is. ceaseless accumulation of capital. and that's the whole point of capitalism as a system and it's it's worked in some ways marvelously well for five hundred years it's been a extremely successful system and what it has tried to do it has undone itself as all systems do but is it dangerous all this social economic and it's an enormously dangerous what are the pros and cons if you mean is it dangerous to you and to me yes it's extremely dangerous to you and to me. in fact. one of my books i called it hell on earth it's a system in which everything is relatively in short term unpredictable and people can live with predictability in the short run and lived. predictability in the long run we cannot trust but if you don't know what's going to happen the next
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day or the next year then you don't know what to do and you get paralyzed and that's basically what we're seeing in the world economy right now is a paralysis nobody's investing really because they're not sure that three years from now they'll get their money back so when you're not sure three years from now you get your money back you don't invest and if you don't invest that makes the situation even worse but people don't feel they don't have much choice and they're right they don't have too much choice the options are few there like you said we are and. we have no choice but to be in it but do you see a way out well it's not a question of a way out we obviously what happens in the bifurcation at some point the thing till we get into a new relatively stable situation the crisis is over we're in a new system but we don't know which one it will be. thank you very much for this
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interview. oh. it was created to serve public interests to inform and to entertain. these days there's nothing easier than opening a new media outlet but there is nothing harder than revoking its license in case of corruption. you can involve in a community where you have one large corporation controlling the daily newspaper radio stations television stations the cable outlets you told me that the. public
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opinion versus f.c.c. broadcast blues on archie. even. sacred. is the life. whether it is a. crossroads of to. face a strong spirit. wealthy british style old. time. markets. find out what's really happening to the global economy for a no holds barred look at the global financial headlines to cause a report. welcome
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back you're watching our live from moscow here's a recap of our main news stories protests against wall street and corporate greed go nationwide in the u.s. and despite hundreds of arrests demonstrators say the mainstream media is ignoring the rapidly growing campaign. at the u.n. the european nations are pressing for a resolution to condemn serious violent crackdown against protesters and to threaten the sanctions the move is expected to be vetoed by russia which is calling for dialogue between syria's warring factions. finance ministers put off a decision on a crucial bailout loan for greece after athens admitted it won't meet deficit deadlines but i agree geeks already claim to be sterile measures imposed by the government are.
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